Snow I agree with RD's answer that it looks different compared to the previous debt settlement, and this is likely contractual. However, I do think they'll delay the cash dividend (they did the same thing with the F-shares because they had never done something like that before, similar to how they screwed up the TRW distribution, but it's important to remember they eventually did pay it). In this case, they know the procedures very well on how to get FINRA approval for a cash dividend because they'd done it 3 times before. The fact that the record and pay date haven't been announced already, while other companies who have pay dates on Dec. 31st have already announced it, likely means the pay date will be some time in Q1, probably Jan or Feb? Most people won't really care when the pay date actually is because once the record date is announced the share price will go up.
Aside from those 210,000 shares, we have seen diluton/dumpage stop which is very positive for both the cash dividend (even though I think it'll come in Q1) and the company in general. This is also what they forecasted; dilution stopping due to increased income/cashflow. Improved cash flow is something we haven't seen in quite a long time, so it finally looks like we've started to turn around, even if it's slower than shareholders want/were told.
